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Emmanuel
Emmanuel runs Tavsi General Shop where he earns his income. He has been in business for five years and is happy because of his improved living standards. Emmanuel joined a group called Minds Together and as the name suggests, the group members share business ideas. They also guarantee each other's loans, therefore he can easily get a loan from Faulu Kenya. He previously serviced two loans through the group. This has helped him invest in his business, hence raising his living standards. He has requested for a loan of 50,000 Kenyan shillings (KES) to add stocks of sugar, cooking fat, soaps and sweets. He hopes to open a supermarket in the near future.

Additional Information

About Faulu Kenya

Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.

About Kenya

  • $1,800
    Average annual income
  • 859
    View loans »
    Kenya Loans Fundraising
  • $42,924,225
    Funds lent in using Kiva
  • 81.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Emmanuel to add stock of sugar, cooking fat,detergents and sweets.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 23, 2010
Listed
Jun 25, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2011